CONSENT AGENDA REQUEST

Sponsor:

Board of Supervisors Meeting Date: 

Raymond E. Graham, Chairman, Cedar Run District Supervisor

May 11, 2006

Staff Lead:

Department: 

Kevin J. Burke, County Attorney

County Attorney

Topic: 

A Resolution Directing the County Administrator to Schedule a Public Hearing to Consider an Ordinance to Classify Real Property Owned by Fauquier Housing Corporation or its Wholly Owned Subsidiaries as Exempt From Real Property Taxation

Topic Description:

In order to facilitate the provision of affordable housing to needy citizens of the County, Fauquier Housing Corporation has requested that properties which it acquires for charitable purposes either as the record owner or through wholly owned and controlled subsidiaries be classified as exempt from taxation.

Requested Action of the Board of Supervisors: 

Consider adoption of the attached resolution.

Financial Impacts Analysis:

The impact will be dependent upon the number and value of new properties purchased by Fauquier Housing Corporation.

Identify any other Departments, Organizations or Individuals that would be affected by this request:

Commissioner of the Revenue

Treasurer

County Administrator

 

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